News & Analysis as of

Corporate Transparency Act Preliminary Injunctions Enforcement

Kohrman Jackson & Krantz LLP

The Corporate Transparency Act Returns: What You Need to Know

Beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are once again back in effect. In the latest in a line of dizzying decisions surrounding the CTA, in Smith v. U.S....more

Perkins Coie

Corporate Transparency Act: FinCEN Reinstates Reporting Requirements with March 21 Deadline

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Earlier this week, the Financial Crimes Enforcement Network (FinCEN) issued a new notice confirming that the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting requirements are back in effect....more

Baker Botts L.L.P.

Corporate Transparency Act Reporting Obligations Back In Effect With Extension

Baker Botts L.L.P. on

Reporting obligations related to the Corporate Transparency Act (“the CTA”) are set to return. As we previously reported, on December 3, 2024, a federal judge in Texas (Texas Top Cop Shop, Inc. v. Bessent) issued a...more

Pillsbury Winthrop Shaw Pittman LLP

Beneficial Ownership Reporting: Litigation, Pending Legislation and Possible Future Executive Action Have Left the Fate of the...

The saga of the CTA continues. Adopted in January 2021, the Corporate Transparency Act (CTA) is intended to assist in identifying beneficial ownership and control of entities operating in the United States in order to...more

Wiley Rein LLP

CTA Update: Supreme Court Temporarily Lifts Injunction, but Requirements Remain Blocked

Wiley Rein LLP on

On January 23, 2025, the U.S. Supreme Court issued a ruling that appears to settle – for now – a nearly two-month-long legal battle over the Corporate Transparency Act (CTA), which began with a nationwide preliminary...more

Farella Braun + Martel LLP

What’s Ahead as Corporate Transparency Act Comes to a Crossroads

The recent whiplash regarding the validity of the Corporate Transparency Act (CTA)—it was enjoined just to particular parties, then enjoined nationwide, then un-enjoined, then enjoined again, while other courts let it...more

Davis Wright Tremaine LLP

UPDATE : 5th Circuit Reinstates Injunction Pausing Enforcement of the Corporate Transparency Act

After a preliminary injunction temporarily halted the enforcement of the Corporate Transparency Act ahead of its January 1, 2025 reporting deadline for companies formed prior to 2024, the Fifth Circuit has lifted the...more

Buchalter

Court of Appeals Says Corporate Transparency Act Is Enforceable Again – FinCEN Extends Compliance Deadlines

Buchalter on

On December 23, 2024, the United States Court of Appeals for the Fifth Circuit stopped an order blocking the nationwide enforcement of the Corporate Transparency Act (CTA), pending resolution of the Department of the...more

Rothwell, Figg, Ernst & Manbeck, P.C.

Update: The Corporate Transparency Act Put On Hold

As an update to our post on the Corporate Transparency Act, on December 3, 2024, a federal district court issued a nationwide preliminary injunction pertaining to the Corporate Transparency Act in Texas Top Cop Shop, Inc. v....more

Holtzman Vogel Baran Torchinsky & Josefiak

In-Compliance: December 2024 Round-Up

A Lookback at the Federal Election Commission in 2024 by: Matt Petersen - Now that the presidential election has concluded and 2024 is drawing to a close, it is worth looking back at one of the most consequential years for...more

Snell & Wilmer

Is the Corporate Transparency Act Going To Be Brought Back to Life?

Snell & Wilmer on

On December 5, 2024, the Department of Justice (DOJ), filed a Notice of Appeal in response to a U.S. District Court’s recently issued, nationwide preliminary injunction stopping the reporting obligations under the Corporate...more

Best Best & Krieger LLP

Texas Federal Court Blocks Enforcement of Corporate Transparency Act

Best Best & Krieger LLP on

On Tuesday December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction which precludes enforcement of the Corporate Transparency Act (CTA) (See, Texas Top Cop Shop,...more

McNees Wallace & Nurick LLC

Corporate Transparency Act Dealt Blow by Eastern District of Texas: How Reporting Companies Can Proceed

On Tuesday, December 3, 2024, the Federal District Court for the Eastern District of Texas (the “Court”) issued an opinion in Texas Top Cop Shop, Inc. et al. v. Merrick Garland, Attorney General of the United States, et al....more

White and Williams LLP

Federal Court Suspends Enforcement of the Corporate Transparency Act’s Reporting Requirements

White and Williams LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction prohibiting the federal government from enforcing the Corporate Transparency Act (the “CTA”) nationwide. Texas Top...more

Pierce Atwood LLP

Federal Government Appeals Suspension of Corporate Transparency Act Deadline

Pierce Atwood LLP on

On December 3, 2024, the Eastern District of Texas issued a nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (CTA), less than a month before the deadline. The ruling temporarily...more

Ruder Ware

U.S. Government Appeals Block on CTA Enforcement

Ruder Ware on

The U.S. Government has appealed a federal judge’s order temporarily blocking the enforcement of the Corporate Transparency Act (CTA). As a result, the case is now headed to the Fifth Circuit Court of Appeals....more

Greenberg Glusker LLP

Nationwide Injunction Halts Enforcement of the Corporate Transparency Act

Greenberg Glusker LLP on

UPDATE as of 12/7/2024: FinCen has updated their website addressing the recent federal court order, publicly stating that reporting companies are not currently required to file beneficial ownership information with FinCEN and...more

Flaster Greenberg PC

Preliminary Injunction Blocking Enforcement of the Corporate Transparency Act

Flaster Greenberg PC on

We previously discussed a ruling by a federal District Court in Alabama finding that the Corporate Transparency Act (“CTA”) was unconstitutional, with the holding limited to the plaintiffs in the case. For general background...more

King & Spalding

Federal District Court in Texas Grants “Nationwide” Preliminary Injunction Against CTA Enforcement

King & Spalding on

On December 3, 2024, the United States District Court for the Eastern District of Texas entered a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (“CTA”) and its implementing...more

Farella Braun + Martel LLP

Nationwide Injunction Halts Corporate Transparency Act Enforcement

A recent federal court decision eliminates the present need for any person or company to comply with the Corporate Transparency Act (CTA) and its implementing regulations. This decision may be reversed upon appeal, but as of...more

Akin Gump Strauss Hauer & Feld LLP

Federal Court Issues Preliminary Injunction of CTA

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction regarding enforcement of the Corporate Transparency Act (CTA) and related beneficial ownership reporting rule. The...more

Adams & Reese

“Christmas Curveball” – CTA Temporarily Blocked Nationwide by Texas Court Injunction

Adams & Reese on

A Texas federal court judge has thrown a Christmas curveball at FinCEN with less than one month remaining before the CTA deadline of Jan. 1, 2025. On that date more than 30 million companies would be required to report their...more

Holland & Hart LLP

What Does the Nationwide Preliminary Injunction of the Corporate Transparency Act Mean for Businesses?

Holland & Hart LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction barring enforcement of the Corporate Transparency Act (CTA)1 and its key implementing regulations...more

Snell & Wilmer

The Corporate Transparency Act – Is it on Life Support?

Snell & Wilmer on

In Texas Top Cop Shop, Inc. et al. v. Merrick Garland, a U.S. District Court in Texas has issued a potentially major setback to the continued application of the Corporate Transparency Act (CTA), which became effective on...more

Bracewell LLP

Texas Court Issues Nationwide Preliminary Injunction of the Corporate Transparency Act

Bracewell LLP on

On December 3, 2024, the US District Court for the Eastern District of Texas issued a nationwide preliminary injunction, halting enforcement of the Corporate Transparency Act (CTA) and its implementing regulations....more

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